Global Investment Giant Bets Big on India’s Booming Airport Sector

GMR Airports Infrastructure saw its share price surge by nearly 7% on Monday after a global investment firm picked up a significant stake in the company.

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This amounts to a combined investment of Rs. 1,671 crore by these investors at an average price of Rs. 58-59 per share.

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This optimistic market sentiment was reflected in GMR Airports’ stock price jumping nearly 7% intraday to touch Rs. 73.15 per share on the NSE.

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GMR Airports Infrastructure is one of the largest private airport operators in India and globally with interests in Delhi, Hyderabad and Cebu airports.

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It has successfully expanded capacity at its airports and manages passenger volume of over 100 million annually.

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It has successfully expanded capacity at its airports and manages passenger volume of over 100 million annually.

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